Timegrip Expands with Software4You Acquisition

Deal News | Mar 06, 2025 | Main Capital Partners

Timegrip Expands with Software4You Acquisition

Timegrip, a Danish company and a part of the Main Capital Partners portfolio, has acquired Software4You, a Germany-based provider of HR controlling and personnel cost planning software. The acquisition aligns with Timegrip’s buy-and-build strategy aimed at expanding its reach in the Workforce Management (WFM) sector. With over 25 years in the industry, Timegrip boasts a robust WFM platform catering to more than 800 clients across 30 countries in Europe. Software4You, with its flagship product 4PLAN HR, offers tools for personnel planning and organizational transformation to over 200 clients globally. The integration of both companies is expected to enhance Timegrip's WFM offerings, leveraging Software4You’s HR controlling capabilities to create a comprehensive HR suite. This strategic move is anticipated to deliver increased efficiencies and expanded market reach, ultimately aiming to position Timegrip as a leader in the digital workforce management and HR solutions market.

Sectors

  • Human Resources Software
  • Private Equity

Geography

  • Denmark – Timegrip, the acquiring company, is based in Denmark.
  • Germany – Software4You, the company being acquired, is based in Munich, Germany.
  • Europe – The acquisition seeks to expand Timegrip's market reach and influence across Europe.

Industry

  • Human Resources Software – The acquisition focuses on enhancing HR solutions by integrating Software4You's HR controlling capabilities with Timegrip's existing workforce management software.
  • Private Equity – Main Capital Partners' investment and strategy play a crucial role in facilitating the acquisition to enhance Timegrip's market position.

Financials

    Participants

    NameRoleTypeDescription
    TimegripAcquiring CompanyCompanyTimegrip is a Danish software vendor specializing in workforce management solutions, serving over 800 clients in Europe.
    Software4You Planungssysteme GmbHTarget CompanyCompanySoftware4You is a Germany-based provider of HR controlling and personnel cost planning software with over 200 global clients.
    Main Capital PartnersPrivate Equity FirmCompanyMain Capital Partners is a private equity firm that acquired Timegrip in 2022 and supports its buy-and-build strategy.
    Wessel PloegmakersPartnerPersonWessel Ploegmakers is a partner at Main Capital Partners, involved in the strategic acquisition of Software4You.
    Rex ClausagerCEOPersonRex Clausager is the CEO of Timegrip Group, leading the strategic expansion through the acquisition.
    Hanns-Dirk BrinkmannCEOPersonHanns-Dirk Brinkmann is the CEO of Software4You, supporting the strategic merger with Timegrip.